The Collective

F. P. Journe

The F.P. Journe Chronomètre à Résonance: What a $13.9 Million Auction Result Actually Says

A $13.9 Million Data PointOn June 13, 2026, after nine minutes of bidding at Phillips New York Watch Auction XIV, a platinum and pink gold F.P. Journe Chronometre a Resonance, subscription No. 007, circa 2000, sold for $13,922,000. It is now the highest price ever paid at commercial auction for any 21st-century wristwatch, and the highest price ever achieved for a watch made by an independent watchmaker. Those two distinctions are not generic rankings. They point at a fundamental shift.

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